EUR/AUD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
We are going short on the EUR/AUD with the target of 1.628 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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EURAUD
SELL TRADE SETUP ON EURAUDHey Traders,
Check out this technical analysis on EURAUD.
EURAUD is currently trading with descending triangle pattern, so anticipate a retest of the broken support level and consider entering SELL positions.
OR
If price break above the upper band trend line then look for a BUY trade
Keep a close eye on this; it could play out in either direction.
EURAUD Will Go Higher! Buy!
Take a look at our analysis for EURAUD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.639.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.658 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EURAUD - DAILY CHARTWe see a clean retest of a break out on a Daily chart of Pennant Pattern.
This is a profitable signal as its a clean swing analysis.
Our entry should be around 1.64000 / 1.63900
Our target is 1.58516 while we take advantage of the marked TPs.
Proper risk management should be applied.
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EUR/AUD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
EUR/AUD is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.628 level.
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EURAUD Will Go Higher From Support! Buy!
Take a look at our analysis for EURAUD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 1.633.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.638 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
EUR/AUD ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Double bottom
🟠 EP 1.63599
🔴 SL 1.62848
🟢 TP1 1.64350 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 1.65101 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 1.65852 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
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Best Regard / EMA Trading .
Disclaimer:
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
EURAUD Technical Analysis And Trade IdeaRecently, the EURAUD has exhibited a robust downtrend. This video offers an intricate analysis of this trend, thoroughly scrutinizing price actions and unveiling prospective trading opportunities by extensively reviewing both the weekly and daily charts. Prepare for a comprehensive evaluation of price fluctuations, market trends, trend analysis, and essential technical elements. It's imperative to highlight that the content shared here is solely for educational purposes and should not be misconstrued as financial guidance.
✅EUR_AUD BULLISH SETUP|LONG🚀
✅EUR_AU D will be retesting a support level soon around 1.625
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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EURAUD I Short from resistance zoneWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD I Daily correction in process and intraday on 8 hrWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
5 Waves Up , Three Waves Corrective. Wave (B) Done??Hello there!
I am a big fan of the Elliott Wave Principle, which is very interesting and useful for analyzing the market. I have developed my analytical approach by combining the principle with my personal experience and considering various scenarios that may occur in the market.
Although I want to share my analysis with you, I want to emphasize that I do not provide buy or sell signals. My main intention is to share my unbiased analysis so that you can use it as a guide to make informed decisions.
To build your confidence in my analysis, I always share my previous analysis of the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand.
I hope that my analysis will be helpful in your trading journey and wish you all the best.
Sincerely,